Industry Insights

The global automotive air filters market size was valued at USD 5.22 billion in 2018 and is estimated to expand at a CAGR of 8.5% by 2025 owing to rising automobile production in developing regions across the globe. Furthermore, rising awareness levels regarding global air pollution coupled with growing health concerns are expected to drive the global market over the forecast years.

Presence of associations such as Car Care Council and Environmental Protection Agency are highly responsible in spreading awareness regarding filters among automotive manufacturers across the globe. Large companies tend to acquire small businesses to increase market share by minimizing competition.

The fundamental types of air filters materials are woven nonwoven, composites and others. Automotive air strainers are manufactured to remove dirt, molds, hazardous gases and odors in passenger cars, heavy-duty vehicles, and two-wheelers. The efficiency of the product depends on the material of fibers and the media. Major participants operating in the value chain have been focusing on innovating new technologies on a frequent basis to cater to the ever-growing need for technologically advanced automotive air filters.

Countries across the globe are concerned regarding the rising levels of pollution. The primary attributes of this rise are the emissions caused by automobiles. Regulatory agencies have prescribed various tests and norms to curb the alarming levels of air pollution. Filters are an efficient solution to control pollution.

Strict regulations have been imposed by governments across the globe for curbing pollution. These laws are in the form of norms prescribing maximum exhaust that a vehicle can emit. Companies are adopting new technologies to manufacture these products, which adhere to these standards. Mahle group has developed the new product by using low profile plasticized filter inserts. These inserts allow the filter to conform to Euro VI norms and provides maximum freedom of design.

Product Insights

On the basis of product, the market is bifurcated into intake and cabin.Cabin segment held the largest market share in 2018 and is expected to register the highest CAGR of 9.1% from 2019 to 2025. Intake air filters are used to improve the engine performance. They filter polluted air and abrasive particles that can cause mechanical wears and oil contamination to the engine. In terms of revenue, this segment is estimated to expand at a healthy CAGR over the forecast period.

End Use Insights

Based on end use, the industry has been classified into OEM and aftermarket. Aftermarket led the global industry in 2018 and accounted for the highest share. The segment is projected to witness the fastest CAGR during the estimated time. Rising environmental awareness and stringent regulations are expected to boost the product demand further. Industry participants are investing in R&D for the development of new products with enahcned performance in OEM stage itself. Companies are also focusing on the materials used in the products.

Application Insights

Based on applications, the industry has been classified into passenger car, commercial vehicles, and two wheelers. In 2018, passenger car segment is projected to witness the fastest CAGR of 9.0% over the forecast period. Increasing demand for passenger cars due to growing population across the globe and rising disposable income levels is expected to benefit the market in coming years.

In terms of revenue, two wheeler segment was valued at USD 733.74 million in 2018, and is said to expand at a CAGR of 8.4% over the forecast period.Asia Pacific is expected to exhibit the fastest growth for two wheelers owing to rising population coupled with increasing disposable income in the region.

Regional Insights

Asia Pacific is anticipated to lead the global market over the forecast period. China, India, and Japan are the major economies in the regional market that are anticipated to influence the global industry due to rising disposable income levels. The Europe region is also likely to have a significant growth in the coming years. Earlier, it was one of largest regional markets, in terms of revenue, owing to high product demand.

North America is the second-largest region with a strong presence of major companies such as, Ford Motors Co., Chrysler, and General Motors. High disposable income and huge customer base is expected to fuel the demand for automobiles in the region resulting in a steady growth of the market over the next few years.

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Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global automotive air filters market report on the basis of product, application, end use, and region: